Tax Reform for Acceleration and Inclusion

Sen. Bam renews call to suspend excise tax on fuel after big-time oil price hike

Sen. Bam Aquino reiterated his call to suspend the excise tax on petroleum products under the Tax Reform for Acceleration and Inclusion (TRAIN) Law following the recent big-time fuel price hike due to increase in oil prices in the world market.

“Hindi pa nga nakakahinga ang taumbayan sa mataas na presyo ng pagkain at iba pang bilihin, unti-unti na namang umaakyat ang presyo ng langis sa world market,” said Sen. Bam, one of four senators who voted against the ratification of the TRAIN Law.

“Kaya mas magandang itigil na ng pamahalaan ang excise tax sa langis sa ilalim ng TRAIN Law bago pa ito magdulot ng dagdag pang pasanin sa taumbayan, lalo na sa mahihirap,” added Sen. Bam.

Sen. Bam has filed Bawas Presyo sa Petrolyo Bill in May 2018 to suspend and roll back the excise tax on fuel once the country’s inflation rate exceeds the government’s target for three straight months.

On Tuesday, oil companies have announced increase of a least P1.40 per liter for gasoline, P2.30 per liter for diesel and P2.00 per liter for kerosene due to increase in world crude prices.

The second part of the excise tax hike under the TRAIN Law is not yet included in the increase.

Earlier, Sen. Bam slammed the government decision to implement the second part of excise tax under the TRAIN Law, emphasizing that the country’s inflation rate remains far from the government’s inflation rate target of 2-4 percent.

“Nalulunod pa rin sa mahal na presyo ng pagkain at bilihin ang ating mga kababayan kaya napakalaking pagkakamali na payagan ang ikalawang bahagi ng excise tax sa ilalim ng TRAIN Law,” said Sen. Bam.

Sen. Bam to Duterte Admin: Tama na ang turuan, magtulungan para labanan ang krisis sa presyo at bigas

Sen. Bam Aquino challenged the administration to join forces with the opposition and work together to solve the rice and price crises.
 
“Imbis na magturuan, harapin natin ang krisis na nagpapahirap sa bayan,” said Sen. Bam during his privilege speech on the rising prices of goods and rice in the country.
 
“Nasa kamay po ng administrasyon ang pagpapatupad ng mga programa ng gobyerno. Tutukan sana ng gabinete ng Presidente para mabigyan ng ginhawa ang pamilyang Pilipino,” added Sen. Bam, one of four senators who voted against the ratification of the Tax Reform for Acceleration and Inclusion (TRAIN) Law.
 
Sen. Bam clarified that the opposition has been in talks not to overthrow the government, but to address the price and rice issues through “Oplan Ginhawa”.
 
“Ang tunay na plano ng oposisyon ay magsama-sama, gawin ang lahat ng aming kayang gawin, ibigay ang lahat na kaya naming ibigay para hindi na po malunod sa gastos at hindi mamatay sa hirap at gutom ang ating mga kababayan,” said Sen. Bam.
 
Under the “Oplan Ginhawa”, Sen. Bam gave three proposals to the administration to address the growing inflation and high prices of rice and ease the burden of the Filipino people, especially the poor.
 
First, Sen. Bam urged the government to fully implement the social mitigating measures under the TRAIN Law, including the unconditional cash transfer program, Pantawid Pasada Program and the 10-percent discount on NFA rice.
 
Sen. Bam also called on the government to replace incompetent NFA officials with people who can help fulfil the agency’s mandate, including the immediate return of the 15-day buffer stock.
 
Third, Sen. Bam renewed is call for the passage of his Senate Bill No. 1798 or the Bawas Presyo Bill to stop the second round of increase in excise tax on petroleum products under the TRAIN Law in January 2019.
 
“Basta’t pagtulungan ng Kongreso — at certified urgent ng taumbayan at sana po ng Pangulo – kaya natin gawing batas ito bago mag-Pasko,” said Sen. Bam.
 
“Tama na, sobra na ang pahirap sa taumbayan. Pagtulungan po natin ang Oplan Ginhawa. Pagtulungan natin ang mga solusyon sa krisis na ito,” Sen. Bam added.

Sen. Bam on missing economic targets: Taumbayan ang kawawa tuwing pumapalpak ang gobyerno

As the economic managers keep missing targets, Filipino families continue to suffer, according to Sen. Bam Aquino.

“Tuwing sumasablay ang gobyerno, taumbayan ang natatamaan,” said Sen. Bam, who filed Senate Bill 1798 or Bawas Presyo Bill to suspend Tax Reform for Acceleration and Inclusion (TRAIN) Law’s excise tax on fuel. 

“Pag mali ang prediksiyon ng economic managers, taumbayan ang nalulunod sa taas-presyo. Pag palpak ang NFA Administrator, taumbayan ang nagugutom. Alalahanin sana ng mga lingkod bayan na ang mga Pilipino ang sasalo pag may kakulangan sa ating trabaho,” Sen. Bam added. 

Last year, the government released projections that inflation will be within two percent to four percent. It later revised this projection to four percent to 4.5 percent.

Presently, inflation stands at 5.7 percent. And in a recent Senate hearing, the Department of Finance admitted they did not study the indirect effects of the TRAIN Law.  The country’s GDP hit 6.8 percent in the first semester, short of the target of was 7-8 percent. 

Rather than working on other means to lower inflation, Sen. Bam said the government should support his measure that aims to suspend the excise tax on fuel under the TRAIN Law. 

“Solusyunan na natin itong taas-presyo. Simple lang, ipasa ang Bawas Presyo Bill at tanggalin na ang excise tax sa petrolyo,” urged Sen. Bam. 

Sen. Bam filed Senate Bill No. 1798 or the Bawas Presyo Bill, which seeks to suspend the excise tax on fuel under the TRAIN Law when the average inflation rate surpasses the annual inflation target over a three-month period  

Sen. Bam stressed that this should be certified urgent since there is a scheduled second round of increase in excise tax on fuel under the TRAIN Law in January 2019.

Sen. Bam: Tama na ang debate sa TRAIN, aksiyunan ang matinding inflation

The government must act now to ease the burden of high prices of goods and services on the Filipino people by immediately suspending the excise tax on fuel under the Tax Reform for Acceleration and Inclusion (TRAIN) Law, according to Sen. Bam Aquino. 
 
Sen. Bam made the pronouncement after the country’s inflation rate hit 5.7 percent in July, according to the Philippine Statistics Authority (PSA). 
 
“Wala nang ihihigpit pa ang sinturon ng taumbayan. Sagad na sagad na po dahil sa mahal ng bilihin,” said Sen. Bam, one of four senators who voted against ratification of the TRAIN Law. 
 
“Huwag na tayong magtalo kung gaano kalaki ang epekto ng TRAIN sa taas presyo. Utang na loob, pag-usapan na po natin ang solusyon,” said Sen. Bam, who is pushing for the passage of his “Bawas Presyo Bill. 
 
Sen. Bam’s measure seeks to suspend the excise tax on fuel under the TRAIN Law when the average inflation rate surpasses the annual inflation target over a three-month period. 
 
“Sobra na ang hirap ng taumbayan, tama na po ang debate. Gawin na natin ang nararapat para ibaba ang presyo sa lalong madaling panahon,” said Sen. Bam. 
 
During his consultation with various sectors in different parts of the country, the senator said has received complaints from different sectors, about the negative impact of the TRAIN Law on their livelihood. 
 
In Sen. Bam’s recent visit to Tagbilaran City, a representative from the senior citizens group said that the TRAIN Law is killing them softly and urged the senator to help put a stop to it. 
 
“Iyong TRAIN, parang hindi pinag-aralan. Walang konsultasyon sa baba, kasi kung meron sana hindi iyan natuloy,” said Oni Kalinyahan, a representative from the fisherfolk sector. 
 
“Hindi na kami natutulog para makapantay man lang sa gastusin,” the fisherman added.

Sen. Bam: Drop in President’s approval signals cry for help from high prices, poverty

The 11-point drop in President Duterte’s approval rating is a cry for help from the Filipino people amid the rising prices of goods due to the government’s tax reform program, according to Sen. Bam Aquino.

“Paalala po ito sa ating pangulo mula sa ating mga kababayan na nalulunod sa taas presyo na pakinggan ang kanilang hiling na ipreno na ang TRAIN,” said Sen. Bam, one of four senators who voted against the ratification of the Tax Reform for Acceleration and Inclusion (TRAIN) Law.

“Senyales ito na lalo nang nahihirapan sa buhay ang mga Pilipino. Bigyan natin sila ng kaunting ginhawa,” added Sen. Bam.

Sen. Bam made the pronouncement after Duterte’s net approval rating dropped by 11 points from a “very good” 56 percent to a personal-low 45 percent, according to the latest survey by the Social Weather Stations (SWS).

Sen. Bam is hoping that President Duterte will tackle the issue of TRAIN Law and high prices of goods in his State of the Nation Address (SONA).

“Umaasa kami na pupunan ng pansin sa SONA ang isyu ng pagtaas ng presyo. Sana suportahan ng Pangulo ang pagroll-back sa excise tax sa petrolyo,” added Sen. Bam, referring to his measure that aims to suspend and roll back the excise tax on petroleum products under the TRAIN Law.

Under Sen. Bam’s measure, the excise tax on fuel under the TRAIN Law will be suspended and rolled back once average inflation rate surpasses the annual inflation target over a three-month period.

Sen. Bam also is pushing for the full implementation of mitigating measures under the TRAIN Law, such as the unconditional cash transfer program for poor families and the Pantawid Pasada for jeepney operators and drivers.

Sen. Bam Aquino, lone opposition standing in winning circle

Senator Bam Aquino remained as the lone opposition in the winning circle for the 2019 senatorial elections, according to the latest survey by Pulse Asia.  

In the Pulse Asia survey conducted from June 15 to 21, 2018, participated in by 1,800 respondents, Sen. Bam was among the probable winners. 

“Nagpapasalamat po tayo sa patuloy na suporta ng mga Pilipino,” said Sen. Bam, “Pero kailangan pa nating patibayin ang boses ng oposisyon sa Senado.” 

“Mahalaga na mayroong handang tumutol at handang lumaban sa administrasyon tuwing may programa na sasagasa sa mahihirap na Pilipino,” Sen. Bam added, referring to the Tax Reform for Acceleration and Inclusion (TRAIN) Law. 

As one of four senators who voted against its ratification, Sen. Bam has been aggressively pushing for the suspension and rollback of the excise tax under the TRAIN Law. 

Sen. Bam believes that suspending the excise tax under the TRAIN law can help ease the burden on Filipinos who are bearing the brunt of the increase in prices of goods and services due to the government’s tax reform program. 

 “Kailangan pa ng mga pinunong handang tumutol at handang magpatupad ng mga solusyon sa mga nagpapahirap sa taumbayan, tulad ng pagtaas ng presyo,” the senator added. 

 “Kapag mayroong programang makakatulong, all-out dapat ang suporta. Ngunit kapag hindi ito nakabubuti sa pamilyang Pilipino, handa rin dapat kumontra,” Sen. Bam asserted. 

Sen. Bam has filed a measure seeking to suspend and roll back the excise tax on fuel under the TRAIN Law once average inflation rate surpasses the annual inflation target over a three-month period. 

Sen. Bam also is pushing for the full implementation of mitigating measures under the TRAIN Law, such as the unconditional cash transfer program for poor families and the Pantawid Pasada for jeepney operators and drivers.

Sen. Bam: Inflation doubled in 1 year, suspend TRAIN now

Senator Bam Aquino slammed the government’s continued inaction on the Tax Reform for Acceleration and Inclusion (TRAIN) Law amid the doubling of the country’s inflation rate in a span of one year.

“Sa loob lang ng isang taon, dumoble na ang inflation rate ng bansa pero nagmamatigas pa rin ang gobyerno sa TRAIN Law,” said Sen. Bam, one of four senators who voted against the ratification of the government’s tax reform program.

“Malinaw ang mensahe ng 5.2 percent na inflation rate. Kailangan nang i-preno ang TRAIN sa lalong madaling panahon dahil nalulunod na sa taas presyo ang taumbayan,” said Sen. Bam

From 2.5 in June 2017, Sen, Bam said the country’s inflation rate soared to 5.2 in June 2018, based on the latest report by the Philippine Statistics Authority (PSA).

The latest inflation rate surpassed the projection by the country’s economic managers. The Department of Finance (DOF) predicted the inflation rate at 4.9 percent while Bangko Sentral ng Pilipinas economists placed it at 5.1 percent.

Sen. Bam has been going around the country and meeting with different sectors to get their views about the government’s tax reform program. During his dialogue with different sectors, the senator received numerous complaints about high prices of goods and services and the lack of necessary support from the government.

Sen. Bam has been pushing for the suspension and rollback of the excise tax on fuel under the TRAIN Law to ease the burden of Filipinos due to high prices of goods and services.

Sen. Bam has submitted a bill seeking to suspend and roll back the excise tax on fuel under the TRAIN Law once average inflation rate surpasses the annual inflation target over a three-month period. 

In addition, Sen. Bam is pushing for the full implementation of mitigating measures under the TRAIN Law, such as the unconditional cash transfer program for poor families and the Pantawid Pasada for jeepney operators and drivers.

Sen. Bam: High price of sugar to hit poor Filipinos, roll back TRAIN excise tax on fuel

While the Sugar Regulatory Administration (SRA) must monitor and maintain sugar prices, the government must ensure that financial assistance and other mitigating measures under the tax reform program are rolled out immediately, Sen. Bam Aquino pointed out.

Sen. Bam said increase in price of sugar will also result in rise in prices of flour, bread and other sweetened products that are essential commodities to families.

“Wala na ngang ihihigpit ang sinturon ng mga mahihirap na Pilipino dahil sa TRAIN Law, lalo pa silang mahihirapan kung tataas ang presyo ng asukal,” said Sen. Bam, one of four senators who voted against the ratification of the government’s tax reform program.

 “Kailangan na nila ng salbabida kundi tuluyan na silang malulunod sa mataas na presyo ng bilihin,” added Sen. Bam.

Sen. Bam renewed his call to the administration to support his measure that seeks to suspend and roll back the excise tax on petroleum products under the Tax Reform for Acceleration and Inclusion (TRAIN) Law.

Under Sen. Bam’s measure, the excise tax on fuel under the TRAIN Law will be rolled back when average inflation rate surpasses the annual inflation target over a three-month period.

Also, Sen. Bam said the government should fast track the full implementation of mitigating measures under the TRAIN Law, such as the unconditional cash transfer program for poor families and the Pantawid Pasada for jeepney operators and drivers.

Sen. Bam: Solusyunan ang taas presyo, hindi tambay ang problema

The government should solve the pressing problem of high prices of goods and services caused by the Tax Reform for Acceleration and Inclusion (TRAIN) Law, instead of focusing on so-called loiterers or “tambays”, according to Sen. Bam Aquino.

“Mas matinding problema ang mataas na presyo ng bilihin, hindi mga tambay,” said Sen. Bam, one of four senators who voted against the ratification of the government’s tax reform program.

“Nalulunod na sa taas presyo ang taumbayan. Sana ito ang pagtuunan ng pansin ng ating gobyerno,” added Sen. Bam.

Sen. Bam called on the government to lay a clear-cut plan on how to address the high prices of goods and services to alleviate the plight of Filipinos, especially the poor.

“Ano po ba talaga ang plano ng gobyerno para maisalba ang napakaraming kababayan nating nalulunod sa taas presyo?” said Sen. Bam.

At the same time, Sen. Bam urged the government to stop arresting loiters, most of whom are poor, and focus on the issue that burdens them the most, which is the high prices of goods.

 “Tama na po muna sana ang paghuli sa mga tambay na karamihan ay mahirap. Unahin po sanang tugunan yung nagpapahirap sa kanila,” said Sen. Bam as he renewed his call for the suspension of the excise tax on petroleum products under the TRAIN Law.

Sen. Bam has submitted a measure seeking to roll back of TRAIN’s excise tax on fuel when average inflation rate surpasses the annual inflation target over a three-month period.

In addition, Sen. Bam is also pushing for the full implementation of mitigating measures under the TRAIN Law, such as the unconditional cash transfer program for poor families and the Pantawid Pasada for jeepney operators and drivers.

Sen. Bam: Provide enough help to jeepney, tricycle drivers

Senator Bam Aquino reiterated his call to the government to expand the Pantawid Pasada program to include other public transportations to help them shoulder the effects of the administration’s tax reform program.

“Kung tutulong na rin lang tayo, bakit hindi pa natin lubus-lubusin at isama na ang lahat ng uri ng pampublikong transportasyon,” stressed Sen. Bam during his dialogue with members of different transport organizations here.

“Lahat ng kabilang sa sektor ng pampublikong transportasyon, kailangan ng tulong dahil nalulunod rin ang ating mga tsuper sa pagtaas ng presyo ng langis,” added Sen. Bam, referring to the Tax Reform for Acceleration and Inclusion (TRAIN) Law.

 Sen. Bam is one of four senators who voted against the ratification of the TRAIN Law. Sen. Bam voted against it due to the government’s failure to immediately implement the unconditional cash transfer program and the Pantawid Pasada program.

For 2018, the government has earmarked P977 million for 179,000 jeepney operators under the Pantawid Pasada program. 

 Earlier, Sen. Bam called on the Department of Transportation (DOTr) to expand the Pantawid Pasada program other means of transportation, such as UV Express and tricycles as well.

 During the Senate hearing of the Senate committee on public services in Legazpi, Albay recently, Sen. Bam also urged the DOTr to conduct further study to see if the subsidy is enough to cover the increase in prices of goods due to TRAIN.

 Sen. Bam has been working to alleviate the burden of high prices of goods and services under the TRAIN Law on the Filipino people, especially the poor.

 Sen. Bam has filed a measure that aims to roll back of TRAIN’s excise tax on fuel when average inflation rate surpasses the annual inflation target over a three-month period.

In addition, Sen. Bam also renewed his call for the full implementation of the unconditional cash transfer program, which will help alleviate the increase in high prices of goods and services caused by the TRAIN Law.

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